Imperial Crane Services Acquires Joliet-based Speedway Crane
Imperial Crane Services has acquired Speedway Crane, based in Joliet, Ill., enabling Imperial, headquartered in Bridgeview, Ill., with branches in Indiana and Texas, to accelerate its expansion into the Joliet, Ill., corridor.
Speedway Crane was founded in 2002 by Mike Fitzgerald and has built a strong crane rental customer base within the steel industry and other manufacturing facilities. Speedway has a strong safety record with no recordable accidents, Imperial said. Fitzgerald was a crane operator for Imperial Crane from 1990 to 2002 before he founded Speedway.
“Speedway Crane is a great fit for Imperial Crane as both companies strongly focus on safety, customer service and retaining skilled employees,” said Fitzgerald. “Imperial Crane’s solid reputation in the industry and continuously expanding fleet will allow us to magnify our existing relationships with our customers and offer additional resources that weren’t available to us before the merger. Being a previous employee of Imperial, I recognize that Imperial and Speedway share the same values and vision.”
“Imperial Crane is excited about this new venture and looks forward to passing on the benefits of this partnership to our loyal customers,” said Imperial Crane owner B.J. Bohne. “This acquisition will allow Imperial to open doors to a new customer base that was previously untapped. We welcome Mike and his team to the Imperial Crane family as they will have an immediate impact to enhance the ongoing success of our company.”
Imperial Crane Services has been committed to manufacturing and heavy industries for more than 45 years, providing crane rentals on daily or long-term lift projects with more than 250 units in its fleet. Imperial Crane is ranked as one of the top 25 crane companies by American Crane & Transport and is No. 44 on the RER 100.